Cogent Accounts Payable from 2010 to 2024

CCOI Stock  USD 83.79  2.39  2.94%   
Cogent Communications' Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is estimated to finish at about 50.8 M this year. Accounts Payable is the amount Cogent Communications Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Cogent Communications' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-12-31
Previous Quarter
38.5 M
Current Value
53.1 M
Quarterly Volatility
8.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cogent Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cogent Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.8 M, Interest Expense of 112.1 M or Selling General Administrative of 289.1 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0314 or PTB Ratio of 6.21. Cogent financial statements analysis is a perfect complement when working with Cogent Communications Valuation or Volatility modules.
  
Check out the analysis of Cogent Communications Correlation against competitors.

Latest Cogent Communications' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Cogent Communications Group over the last few years. An accounting item on the balance sheet that represents Cogent Communications obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cogent Communications are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Cogent Communications' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cogent Communications' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Cogent Accounts Payable Regression Statistics

Arithmetic Mean17,472,853
Geometric Mean13,792,319
Coefficient Of Variation79.95
Mean Deviation9,855,899
Median12,401,000
Standard Deviation13,970,212
Sample Variance195.2T
Range48.2M
R-Value0.66
Mean Square Error117.9T
R-Squared0.44
Significance0.01
Slope2,070,006
Total Sum of Squares2732.3T

Cogent Accounts Payable History

202450.8 M
202348.4 M
202227.2 M
202111.9 M
20209.8 M
201911.1 M
20188.5 M

About Cogent Communications Financial Statements

Investors use fundamental indicators, such as Cogent Communications' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Cogent Communications' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable48.4 M50.8 M

Currently Active Assets on Macroaxis

When determining whether Cogent Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cogent Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cogent Communications Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cogent Communications Group Stock:
Check out the analysis of Cogent Communications Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cogent Communications. If investors know Cogent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cogent Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
228.092
Dividend Share
3.88
Earnings Share
0.69
Revenue Per Share
20.531
Quarterly Revenue Growth
(0.09)
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.